This is ridiculous. Every investment bank have been issuing wrapper instruments like 144a/regS notes/0 strike calls & warrants/swaps/fully collateralised performance notes etc etc against public equity since forever. This is not new and displays a large degree of illiteracy by large corporates and the public in general.

"Goldman Sachs doesn't know what they are talking about" in reference to a stock maneuver is pretty unlikely to be true.

Even beyond GS, some of these companies are among the most sophisticated financial institutions on the planet.

The article says 22 companies have commented, but more have commented since it was written, or maybe the original article missed a few. Those companies include the list below.

Alphabet

AppLovin

Applied Digital

Applied Optoelectronics

Arm Holdings

Caterpillar

Cerebras

Cisco Systems

CoreWeave

Goldman Sachs

Intuit

Marvell Technology

McDonald's

Microsoft

Moderna

Qualcomm

Rocket Lab

UnitedHealth Group

Verizon

Wells Fargo